ICE floats marine fuel contracts ahead of IMO

Trade shipping container ship sea from Adobe 230x150
By GlobalCapital
29 Jul 2019

Intercontinental Exchange has launched nine marine fuel futures contracts ahead of the implementation of new sulphur cap regulations by the International Maritime Organization.

The new futures contracts expand on ICE’s existing suite of marine fuel contracts, which it launched in February. The contracts will settle against the S&P Global Platts physical Marine Fuel 0.5% assessments.

It comes in advance of the IMO’s new regulation limits on sulphur emissions from shipping bunker ...

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